Kazuo Ueda and Scott Bessent met at the G20 to discuss monetary policy, rate management, and the need for US intervention affecting Tokyo's economy.

The entities involved

• Kazuo Ueda →

  Japanese economist (1951-)

  • The Bank of Japan raised rates in January 2026 due to inflation pressures linked to the Iran conflict and rising energy costs.Mon 09:25
  • While co-hosting a cage-fighting event, Donald Trump discussed the potential reopening of the Strait of Hormuz and the possibility of ending the war in Iran.Mon 06:45
• Scott Bessent →

  United States Secretary of the Treasury

  • Donald Trump and Scott Bessent commented on the budget, monitoring fiscal health and policy levers during the presidential tenure.Mon 16:08
  • Scott Bessent hosted G20 finance ministers in Asheville, where he announced sanctions on Iran and pressured the G20 to cut off Iran's lifelines.Mon 15:30
• Bank of Japan →

  the central bank of Japan

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Divergent monetary policies between the US Federal Reserve and the Bank of Japan are widening the yield gap, with Fed policy supporting the USD and pressuring the JPY.Mon 15:08

Related events

• Kazuo Ueda offered mixed guidance on policy path, while trade talks influenced currency sentiment and BOJ rate hikes affected global yields.Sep 20
• Scott Bessent seeks dollar deflation and coordinates currency interventions in Japan and South Korea.Sep 10
• The Bank of Japan manages monetary policy while market concerns about Sanae Takaichi's administration influence rate hike expectations.Jul 24
• Scott Bessent is observing the market risks stemming from potential bond sales in Japan and the resulting pressure on the global financial stability due to the weak yen.Aug 5
• Central bankers from the FED, ECB, and Bank of Japan gathered at Jackson Hole to discuss global inflation risks.Aug 27